The Following Figure Depicts Four Simultaneous-Move Games

question 1

Multiple Choice

The following figure depicts four simultaneous-move games. The first element of each payoff cell is the payoff to Player A. The other element is the payoff to Player B.

-Refer to the figure above.Which of these simultaneous-move games best represent the following scenario: a coordination game.Ann and Bob have the opportunity to either go to the same party (X) or stay at their respective homes (Y) .They would be much happier if they both went to the party,but staying at home is better than going to the party alone.

• A) (1)
• B) (2)
• C) (3)
• D) (4)

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A formal occasion or activity in which a product or service is demonstrated or pitched to potential buyers.

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The process of analyzing the function and cost of products or services with the goal of reducing expenses while maintaining or improving quality.

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